Welfare broker

MICHAEL R BULGARELLI

Mailing address (most recent filing)

29110 N WESTERN HWY S-240

SOUTHFIELD, MI 480348034

Total comp: $421K
Commissions: $421K
Fees: $0
Filings: 2
Sponsors: 2

Carrier mix

Where MICHAEL R BULGARELLI places premium. Concentrated in 1-2 carriers = captive distribution; spread across many = open-architecture broker.

BLUE CARE NETWORK OF MICHIGAN50.0%
BLUE CROSS OF CALIFORNIA50.0%

Top carrier partners

Carriers ranked by plan count placed.

Carrier	Plans	Premium	Share
BLUE CARE NETWORK OF MICHIGAN	1	$1.2M	50.0%
BLUE CROSS OF CALIFORNIA	1	$12.9M	50.0%

Top states · with penetration index

Plan count by state. Index > 1.0means over-indexed vs the broker's national share.

State	Plans	Premium	State share	Index
MI	2	$14.2M	0.1%	41.16x

Top industries by premium

NAICS-2 sectors where this broker places the most welfare premium.

Sponsor-size mix

Plan count by total participants. Reveals whether this broker is a mid-market player or jumbo-employer specialist.

Broker compensation as % of premium

Distribution of MICHAEL R BULGARELLI's plans by broker comp / premium ratio. Median 3.91% vs welfare-wide median 6.29% (n=2).

Prospect-flag exposure · vs market baseline

Share of MICHAEL R BULGARELLI's book where each ERISA welfare flag is tripped, alongside the market-wide rate.

1-2 of 2 sponsors where MICHAEL R BULGARELLI is the primary broker (latest filing per plan)

Sponsor	Loc	Premium	Comp	Carrier
CO-STAFF SERVICES, LLC CO-STAFF SERVICES HEALTH AND WELFARE PLAN	MI	$12.9M	$629K	BLUE CROSS BLUE SHIELD OF MICHIGAN
LR MANAGEMENT SERVICES CORPORATION LR MANAGEMENT HEALTH AND WELFARE PLAN	MI	$1.2M	$36K	BLUE CARE NETWORK OF MICHIGAN

Carrier

Plans

Premium

BLUE CARE NETWORK OF MICHIGAN

$1.2M

50.0%

BLUE CROSS OF CALIFORNIA

$12.9M

50.0%

State

Plans

Premium

State share

Index

$14.2M

0.1%

41.16x

Sponsor

Loc

Premium

Comp

Carrier

CO-STAFF SERVICES, LLC

CO-STAFF SERVICES HEALTH AND WELFARE PLAN

$12.9M

$629K

BLUE CROSS BLUE SHIELD OF MICHIGAN

LR MANAGEMENT SERVICES CORPORATION

LR MANAGEMENT HEALTH AND WELFARE PLAN

$1.2M

$36K

BLUE CARE NETWORK OF MICHIGAN